EM debt fares well amid US Treasury selloff - EnterpriseAM
Source: EnterpriseAM
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DW NOTE
EM sovereigns are outperforming Treasuries while Washington runs a 6% deficit and the Fed holds rates at 3.65% against 3.38% inflation. When creditors prefer borrowers with worse fundamentals but better fiscal discipline, that's not an EM rally — it's a reserve currency repricing.
Bitcoin, gold and technology stocks fall as the yen rallies, while oil prices and government bond yields climb globally.
The world’s approach to sovereign debt needs to change - Financial Times
Natural Gas and Oil Forecast: Gulf Supply Risks Rise as WTI and Brent Break Higher - FXEmpire
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